Any "Latest & Greatest" about Delta?
09-01-2015, 04:10 AM
The Brown Dot +1
Joined APC: Jun 2009
Position: 777B
Posts: 7,775
Looking for advice on best way to maximize payback days.
I'm on the ER. Can I pick up, then drop, an international type trip (something with a lot of block in the first duty period) on the last day of the bid period and drop the trip (assuming adequate staffing on that date) before the next month's schedule is published?
Would that use just 1 payback day or will they put additional ones at the beginning of the next month in PBS?
I just want to get the max hours out of my 2 payback days. Thanks.
I'm on the ER. Can I pick up, then drop, an international type trip (something with a lot of block in the first duty period) on the last day of the bid period and drop the trip (assuming adequate staffing on that date) before the next month's schedule is published?
Would that use just 1 payback day or will they put additional ones at the beginning of the next month in PBS?
I just want to get the max hours out of my 2 payback days. Thanks.
Also I'd like to add an addition to rhinos and others discussion of green slipping on off days.
If you get a GS, and it isn't on an x or golden, you can request to move an x day to the first day of the trip. With scheduling concurrence...This will give you an extra payback day.
So let's say that worked.
Now remember to move x days, you need reserve coverage and 3 days in advance. So, you've got day 1 on an x day and you should have time to get x days moved under days 3 thru whatever. Which, if successful, will give you payback days at the end of your trip.
09-01-2015, 04:28 AM
Gets Weekends Off
Joined APC: Nov 2009
Position: C560XL/XLS/XLS+
Posts: 1,278
That's apples & oranges.
- Which maxes "first" is what controls whether you're maxing the elective deferral (the $18K) or the company limit (15% of $265K = $39,750). If you make large enough contributions, it'd be easy for a high-earner (>$265K) to contribute $18K before reaching the $265 limit--in which case the full deferral limit has been reached, and the company contributions will stop at the $53K (total) mark, with the excess coming as taxable income. Mostly a moot point, though, since either way the total tax-deferral (and thus total reduction to taxable income) is the same $53K.
- The $6K over-50 is independent of the other limits--an over-50 employee can add up to $6K to the total of his and/or the company's contributions without regard to the limits.
- Where you can limit your tax advantage (assuming your goal is to max out your $53K limit) is if you make too-large of a 401(a) contribution, thus forcing some of your company contribution to taxable income. This problem doesn't exist for anyone making over $233,333: their $18K deferred + their 15% company ($35K) = $53K, so the question of making a 401(a) contribution doesn't arise. Anyone making less than that $233,333 would need to make a 401(a) contribution to hit the $53K limit--and would therefore need to ensure they don't contribute any more than the difference between the limit and the pre-tax (elective + company). If they do, they forgo the tax deferral.
(This last point assumes that tax deferral is the prime goal. Different strategy altogether if one wants, say, to maximize Roth-type savings.)
- Which maxes "first" is what controls whether you're maxing the elective deferral (the $18K) or the company limit (15% of $265K = $39,750). If you make large enough contributions, it'd be easy for a high-earner (>$265K) to contribute $18K before reaching the $265 limit--in which case the full deferral limit has been reached, and the company contributions will stop at the $53K (total) mark, with the excess coming as taxable income. Mostly a moot point, though, since either way the total tax-deferral (and thus total reduction to taxable income) is the same $53K.
- The $6K over-50 is independent of the other limits--an over-50 employee can add up to $6K to the total of his and/or the company's contributions without regard to the limits.
- Where you can limit your tax advantage (assuming your goal is to max out your $53K limit) is if you make too-large of a 401(a) contribution, thus forcing some of your company contribution to taxable income. This problem doesn't exist for anyone making over $233,333: their $18K deferred + their 15% company ($35K) = $53K, so the question of making a 401(a) contribution doesn't arise. Anyone making less than that $233,333 would need to make a 401(a) contribution to hit the $53K limit--and would therefore need to ensure they don't contribute any more than the difference between the limit and the pre-tax (elective + company). If they do, they forgo the tax deferral.
(This last point assumes that tax deferral is the prime goal. Different strategy altogether if one wants, say, to maximize Roth-type savings.)
09-01-2015, 05:56 AM
Gets Weekends Off
Joined APC: Apr 2007
Position: 73N CA
Posts: 474
If you get a GS, and it isn't on an x or golden, you can request to move an x day to the first day of the trip. With scheduling concurrence...This will give you an extra payback day.
So let's say that worked.
Now remember to move x days, you need reserve coverage and 3 days in advance. So, you've got day 1 on an x day and you should have time to get x days moved under days 3 thru whatever. Which, if successful, will give you payback days at the end of your trip.
So let's say that worked.
Now remember to move x days, you need reserve coverage and 3 days in advance. So, you've got day 1 on an x day and you should have time to get x days moved under days 3 thru whatever. Which, if successful, will give you payback days at the end of your trip.
I probably could say that better. Here's an example: You're on RES FRI, you have X days SAT and SUN. THURS you pick up a 3 day GS that reports on FRI. The trip has a 30hr layo on SAT, and thus no duty period. You will not get pay above guarantee for FRI in this scenario, so you don't get the full trip guarantee as GS pay. If you ask scheduling when they call you for this trip to move your X day on SAT to FRI, they will do that, thus giving you full GS credit for the trip. This does not require the normal rule of 3 days advance notice and coverage being required.
In a nutshell, the X day you want to move to day 1, has to be within the footprint of the trip, and has to be free of duty.
09-01-2015, 06:03 AM
Gets Weekends Off
Joined APC: Apr 2007
Position: 73N CA
Posts: 474
If I'm on call FRI and have X days SAT and SUN, they can not assign me a trip that reports on FRI and releases on SAT. They can fly me into SAT via reroute, but they can't assign me flying on the X day from the start without paying it as a GS or IA.
09-01-2015, 07:18 AM
Otto
Joined APC: Jul 2013
Position: Turkish Pile Driver
Posts: 1,806
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Last edited by MikeF16; 09-01-2015 at 07:31 AM.
09-01-2015, 08:19 AM
Gets Weekends Off
Joined APC: Nov 2008
Position: MD-88 F/O
Posts: 1,004
Time for a little comic relief...
09-01-2015, 08:21 AM
Gets Weekends Off
Joined APC: Sep 2011
Position: Hates Commuting
Posts: 957
As my 14yo daughter says: "these are 1st world problems Daddio".
Indeed!
I hit the 265K limit last month,[...]
Well done!
Could they make this stuff any more convoluted?
In your case (assuming you can safely assume you'll be exceeding $233,333 each year), it's simple: set your elective deferral to whatever percentage you feel like, so long as it works out to $18K by the end of the year (or put that much from PS in). Between that & the company 15%, you'll hit the the $53K limit, all with pre-tax money.
Maybe I missed it, but it would be nice if DALPA put something out at the end of each year to help us non-finance guys set this up.
Agree!
Indeed!
I hit the 265K limit last month,[...]
Well done!
Could they make this stuff any more convoluted?
In your case (assuming you can safely assume you'll be exceeding $233,333 each year), it's simple: set your elective deferral to whatever percentage you feel like, so long as it works out to $18K by the end of the year (or put that much from PS in). Between that & the company 15%, you'll hit the the $53K limit, all with pre-tax money.
Maybe I missed it, but it would be nice if DALPA put something out at the end of each year to help us non-finance guys set this up.
Agree!
Keep in mind, also, that these numbers (the $18K, the $53K, and/or the $265K) can & do change annually, so the strategy has to be tweaked each year.... If you're over 50 (7ERA makes me suspect yes), don't forget you can contribute an additional $6K, above the $18K/$53K limits....
09-01-2015, 09:15 AM
Gets Weekends Off
Joined APC: Apr 2007
Position: 73N CA
Posts: 474
09-01-2015, 12:07 PM
Gets Weekends Off
Joined APC: Feb 2009
Posts: 841
What's the latest on getting the A350 deliveries accelerated?
09-01-2015, 02:50 PM
Gets Weekends Off
Joined APC: Aug 2007
Position: non acceptus excretus
Posts: 561
Why would management want to do that? They can give away all our large wide body flying with the holes in our C12 scope language and only have to pay us about 3grand each every 3 years? Just look at the deal they just inked with China Eastern! They can't give away a pilot job fast enough!
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